783 Oliva Street, Pickering, ON
West Shore, Pickering · MLS® E13564452
About this home
In short
- Beautiful 3 + 1 Bedroom, detached Bungalow In South Pickering.
- One of rare 3 washroom Bungalows in the area.
- Close to HWY 401, Walking Distance From The Lake, Parks and French Immersion school.
- Modern Kitchen with Stainless Steel Appliances, Hardwood Floors, Rough-In Plumbing for Main Floor Laundry in the kitchen (Currently used as a pantry.), Very spacious...
Beautiful 3 + 1 Bedroom, detached Bungalow In South Pickering. Sought After Quiet Neighborhood. One of rare 3 washroom Bungalows in the area. Close to HWY 401, Walking Distance From The Lake, Parks and French Immersion school. Major upgrades in Main floor. Modern Kitchen with Stainless Steel Appliances, Hardwood Floors, Rough-In Plumbing for Main Floor Laundry in the kitchen (Currently used as a pantry.), Very spacious one bedroom basement apartment with separate Entrance. A must see.
Key facts
- Property type
- Detached, Bungalow
- MLS®
- E13564452
- Bedrooms
- 3+1 (4 total)
- Bathrooms
- 3 (1 half)
- Size
- 1100-1500 sq ft
- Lot
- 50 × 100 ft
- Cross streets
- Oliva Street/Breezy Drive
- Parking
- 1 garage · 5 parking (carport)
- Driveway
- Private
- Basement
- Apartment, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,248 / 2025
- Days on market
- 69
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
hardwood floor · open concept · bay window
hardwood floor · window · closet
hardwood floor · window · closet
hardwood floor · window · closet
hardwood floor · overlooks living
modern kitchen · stainless steel appl · open concept
Listed at $879,000. Going by how homes in West Shore and the wider GTA have actually closed against their asking prices (about 97%, 10 local closings in 90 days), the likely sale price is near $854K, if it sells. A realistic range is $800K to $963K.
Independent value check: $837K. Without looking at the asking price, our model values the home itself about 5% below the ask (homes like it typically land between $784K and $877K).
Why $837K. The typical detached home sold in West Shore over the past year went for about $865K (59 sales). What sets this one apart:
- ▼ Lowers itIt is 1,100 to 1,500 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it slightly1 garage and 5 total parking spaces, against 2 and 4 typically.
Longer on the market than typical. 69 days on the market against about 20 for homes like it here, and asking 5% above where comparable closings put it.
Total price vs nearby homes. Likely closing about $854K, from 10 recent closings in this pocket.
The market behind the math:
About 3 months of inventory: 10 detached homes for sale in the area against 10 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $676/sqft against an area asking average of $692/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance and a second kitchen. A self-contained space for extended family, guests or potential income. Basements do rent in West Shore: 19 of the 56 detached leases here lately were basement units, around $1,895 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Pickering.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 10 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $859K. Condition and finishes remain an in-person call.
What the listing highlights2 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Read this with carewhy it’s an estimate, not an appraisal
Priced above comparable homes overall, but the price per square foot ($676/sqft) is in line with the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in West Shore, so I widened the search to the surrounding area.
Based on 10 comparable homes that sold in West Shore over the past two years, from 138 closings there.
Nothing closely matching this home is listed nearby right now, so these are the nearest detached listings on the market. Homes like this one have recently closed around $837K, which is where my estimate comes from.
Per square foot, these ask about $763/sqft; this home lists at $676/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & location
West Shore, Pickering, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Pickering.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 4.24% via Ratehub.ca (as of September 22, 2026); conventional rates run a little higher.
Mortgage amount $703,200 · 4.39% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,849
- Property tax
- $521
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,370
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,055
- Estimated closing costs
- $14,055
Plus your down payment of $175,800. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $230,948
- Principal paid down
- $86,945
- Interest paid
- $144,003
- Balance remaining
- $616,255
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
The suite is real income here: basements rent in West Shore (19 of 56 recent detached leases were basement units, around $1,895 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,895 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 13 whole-home leases in West Shore signed at a median of $2,728 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,791. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.